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Fed projects further declines

The Federal Reserve is expecting continued economic decline throughout the country, according to regional Beige Book reports. Click the following links to read the reports from the Southeast, Northeast, Mid-Atlantic, Midwest, and West Coast.

Airlines report traffic declines

American Airlines, US Airways and Southwest Airlines all reported traffic declines last month, with American reporting a 14.5 percent decline, US Air a 7 percent decline and Southwest an 8 percent decline in traffic.

Late bid made for Constellation nuclear biz

Electricite de France International has offered to purchase a 50 percent stake in Constellation Energy Group’s nuclear generation business for $4.5 billion in an attempt to curb a bid for the entire company from billionaire Warren Buffett.

Blackberry's iPhone woes

Blackberry maker Research in Motion lowered its quarterly outlook in the face of declining demand and more competition.

Social Networking

Why can't we be friends?

Sacramento Business Journal Editor Ron Trujillo ponders the implications of accepting a friend request on a social networking site. Read More.

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